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- #61
A heavy handed but totally empty rejoinder.
The authority to authorize the spending of money is granted exclusively to Congress. The Constitution is not even mildly unclear about that.
But this in not about spending money.
This is about defaulting government bonds.
And the Supreme Court has already ruled that voiding U.S. government bond went beyond the congressional power.
So Congress has no power to send us into default according to the Supreme Court.
Except for the fact that a default would not be voiding the debts, merely not paying them. They would resume payments after the debt limit was raised.
Sorry, I disagree.
"The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."